Domestic Truckload & LTL

Freight for Thought: Tesla semi-trucks hit the road

Tesla semi-trucks have hit the roads this month for Pepsi-Co’s Frito-Lay division – just 5 years after first announced.  The Tesla Semi has a range of approx. 500 miles on one charge, depending on the contents of the truck. The current load-to-truck ratio is 2.31 – declining about 0.16 from last week to hit the lowest number ratio this month – actively demonstrating diminishing demand. Looking from January to February, the biggest differentiator was winter weather – capacity was tightened in certain areas like CA, WA, OR, MI, and MN due to storms.